Austin Charts New Territory With Project Connect Anti-Displacement Fund
Austin’s first-ever community displacement prevention officer, Nefertitti Jackmon (Photo by John Anderson) When Austin voters approved financing for the Project Connect transit plan in November 2020, they created along with it a $300 million anti-displacement fund, aiming to offset the increase in housing costs expected along the corridors served by new rail and rapid bus routes. While that investment makes up a small slice of that $7.1 billion pie, it's the largest program of its kind to be launched in the U.S., and it nearly doubles the amount of city tax dollars that vo...
Source: austinchronicle.com